By
Katie Scott2026-04-17T15:00:00
With aviation policy wordings ‘written decades ago’ and deemed ‘pretty much insignificant now’ against current sector aircraft and risks, underwriter recommends collaborative committee as a beneficial model to bring the class up to date
Aviation insurers agree that policy wordings for this specialty line need thoroughly reviewing to eliminate ambiguity in the face of evolving and emerging risks, with Harriet Stewart – senior underwriter at Convex Insurance – proposing that market underwriters create an aligned committee to “develop a wording that doesn’t have gaps, [is] clear [and] doesn’t have ambiguity”.
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